S&P 500 Soars, But Are Bond Yields & The VIX Telling Us To Remain Cautious
The major indices soared yesterday by more than 2%, with little intraday pullback. It was a slow but steady climb post the closing of European markets. It appears as though the S&P 500 200 DMA did indeed prove to be supportive as the index narrowly held above the moving average last Friday. Any number of…
